The Saint Marks | 618 Bushwick Ave
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The Saint Marks 618 Bushwick Ave Immeuble residentiel 100 lots À vendre Brooklyn, NY 11206
Certaines informations ont été traduites automatiquement.
RÉSUMÉ ANALYTIQUE
Avison Young, as the exclusive agent, is pleased to offer for sale 618 Bushwick Avenue (the “Property”), a unique 99-unit residential property located on a prominent block-end in the vibrant Bushwick neighborhood of Brooklyn. This exceptional property spans the entire block-end, connecting Bushwick Avenue, Jefferson Street, and Troutman Street.
618 Bushwick Avenue is the result of a masterful gut renovation of an 1890s brick church and school, integrated with a modern elevator building completed in 2017. Many of the units are located within the historic church and preserve its original architectural details resulting in unique unit layouts and aesthetics. The property benefits from a 35-year, Affordable New York, 421a tax abatement, which extends through 2054.
The property features approximately 490 feet of wraparound frontage at the intersection of Bushwick Avenue, Jefferson Street, and Troutman Street, with 99 residential units consisting of 7 studios, 53 one-bedroom apartments, and 39 two-bedroom apartments. Additionally, the property includes 32 on-site resident parking spaces located behind the church.
618 Bushwick Avenue represents a rare opportunity to acquire a large-scale, new construction, elevator building with robust in-place cash flow, $30 million of assumable debt at a favorable 4.004% interest rate, and significant upside potential through the lease-up of units currently rented below market value—all within one of Brooklyn’s most desirable residential neighborhoods, which is undergoing rapid rent growth.
618 Bushwick Avenue is the result of a masterful gut renovation of an 1890s brick church and school, integrated with a modern elevator building completed in 2017. Many of the units are located within the historic church and preserve its original architectural details resulting in unique unit layouts and aesthetics. The property benefits from a 35-year, Affordable New York, 421a tax abatement, which extends through 2054.
The property features approximately 490 feet of wraparound frontage at the intersection of Bushwick Avenue, Jefferson Street, and Troutman Street, with 99 residential units consisting of 7 studios, 53 one-bedroom apartments, and 39 two-bedroom apartments. Additionally, the property includes 32 on-site resident parking spaces located behind the church.
618 Bushwick Avenue represents a rare opportunity to acquire a large-scale, new construction, elevator building with robust in-place cash flow, $30 million of assumable debt at a favorable 4.004% interest rate, and significant upside potential through the lease-up of units currently rented below market value—all within one of Brooklyn’s most desirable residential neighborhoods, which is undergoing rapid rent growth.
INFORMATIONS SUR L’IMMEUBLE
| Type de vente | Investissement | Surface du lot | 0,27 ha |
| Nb de lots | 100 | Surface de l’immeuble | 9 290 m² |
| Type de bien | Immeuble residentiel | Occupation moyenne | 97% |
| Sous-type de bien | Appartement | Nb d’étages | 5 |
| Style d’appartement | De hauteur moyenne | Année de construction | 2017 |
| Classe d’immeuble | B | ||
| Zonage | R6 | ||
| Type de vente | Investissement |
| Nb de lots | 100 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | De hauteur moyenne |
| Classe d’immeuble | B |
| Surface du lot | 0,27 ha |
| Surface de l’immeuble | 9 290 m² |
| Occupation moyenne | 97% |
| Nb d’étages | 5 |
| Année de construction | 2017 |
| Zonage | R6 |
CARACTÉRISTIQUES
CARACTÉRISTIQUES DU LOT
- Climatisation
- Lave-vaisselle
- Micro-ondes
- Machine à laver/sèche-linge
- Chauffage
- Cuisine
- Réfrigérateur
- Four
- Baignoire/Douche
- Congélateur
CARACTÉRISTIQUES DU SITE
- Accès 24 h/24
- Accès contrôlé
- CVC contrôlé par l’occupant
- Transports en commun
- Détecteur de fumée
LOT INFORMATIONS SUR LA COMBINAISON
| DESCRIPTION | NB DE LOTS | MOY. LOYER/MOIS | m² |
|---|---|---|---|
| Studios | 21 | - | 46 |
| 1+1 | 50 | - | 60 |
| 2+1 | 29 | - | 74 |
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Walk Score®
Idéal pour les promeneurs (97)
Transit Score®
Excellent réseau de transport en commun (81)
Bike Score®
Très praticable en vélo (80)
CONTACTS
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Patrick Madigan -
Erik Edeen -
Fritz Richter -
Joseph Moran -
Miles Davis-Bosch -
Avison Young
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The Saint Marks | 618 Bushwick Ave
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